khan

@standard Academy

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hi students welcome to standard education academy i am khan sir today i am giving financial accounting short introduction the process of recording, summarizing, and reporting a company's financial transactions to external users (like investors, creditors, and regulators) to show its financial health and performance, using standardized principles (GAAP/IFRS) to create key statements like the Balance Sheet, Income Statement, and Cash Flow Statement, helping stakeholders make informed decisions